Price Of Higher Education-Violation Of The Law?

Question

Despite the rise in the price of higher education the demand for it is increasing over the years. Is this violation of the law of demand. Can you give me a few reasons why or why not?

Answer 1

Here are a couple of the problems.

1. The US allows and PAYS of the education of people in this country illegally.

2. The US allows and PAYS for the education of foreign nationals.  (These go home and become direct competitors of our people or stay here without legal grounds.) These are the ones invited here.

3. More Americans realize that they need a good education to survive in the world. Now that the US has  educated the rest of the world at it's citizen's peril.

Answer 2

Do your own homework.

Answer 3

Price is not the sole driver in a supply and demand situation.   The rising price may indeed be lowering demand, but other factors are working to increase the demand even more.  You need to identify what those other factors are.